Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In a recentsurvey, businessintelligence/analytics and information managementprofessionals, both staff andmanagers, were asked to indicate what business and technical skills are critical to their job. The

In a recentsurvey, businessintelligence/analytics and information managementprofessionals, both staff andmanagers, were asked to indicate what business and technical skills are critical to their job. The list of business and technical skills included"analyzing data." The accompanying table summarizes the responses to this skill. Complete parts1-4

A. What is the probability that a randomly selected employee indicates analyzing data as critical to his or herjob?

Round to three decimal places asneeded.)

b. What is the probability that a randomly selected employee isstaff?

Round to three decimal places asneeded.)

c. What is the probability that a randomly selected employee indicates analyzing data as critical to their job or isstaff?

Round to three decimal places asneeded.)

d. Explain the difference in the results in(b) and(c)?

A. The probability in part(b) is a marginalprobability, while the probability in part(c) is the sum of two marginal probabilities minus a joint probability.

B. The probability in part(b) is a jointprobability, while the probability in part(c) is a simple probability.

C. The two events in part(c) are mutuallyexclusive, but part(b) has only one event.

D.

image text in transcribed
Professional Position D Analyzing Data Staff Management Total Critical 659 427 1086 Not Critical 881 1113 1994 Total 1 540 1 540 3080

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Statisitcs

Authors: Barry Monk

2nd edition

1259345297, 978-0077836351, 77836359, 978-1259295911, 1259295915, 978-1259292484, 1259292487, 978-1259345296

More Books

Students also viewed these Mathematics questions